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DOMA breaks ground on Newcastle's premier residential destination

Market Insights
6 months ago
2 minutes

DOMA, a leading property development and investment company, proudly announced the commencement of construction for its highly anticipated The Store Newcastle project with a ceremonial sod-turning event on May 22nd. This landmark development will transform Newcastle's residential landscape and bolster the local economy during construction.  

The Store project, strategically located on the edge of the Honeysuckle Precinct and next to the Newcastle transport hub, is set to become a vibrant centre for its residents. The project will feature 352 luxury apartments, 3,500 sqm of commercial ground-floor retail and podium office, and one acre of wellness amenities, including a pool, tennis court, playground, outdoor dining area, and a dynamic public plaza. 

The sod-turning ceremony was attended by key stakeholders, including representatives from DOMA, Colliers International, Bloc, local government officials, and project partners. The event marked the official start of construction and celebrated the collaborative efforts that have brought this ambitious vision to fruition.

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"We are thrilled to break ground on the Store Newcastle project," said Chris Farrington, DOMA Development Director. 

"This development represents a significant investment in Newcastle's housing and underscores our commitment to creating vibrant communities. 

"The Store Newcastle will not only provide a premier for its residents but also contribute to the economic growth and revitalisation of the area."

[Lord Mayor], expressed enthusiasm for the project, stating, "Today's sod turning is a milestone for Newcastle. 

"The Store Newcastle will play a crucial role in enhancing the city's appeal, offering residents and visitors a modern, dynamic space to live and gather. 

"We look forward to the positive impact this development will have on our community." 

DOMA has worked in the Newcastle region for nearly two decades and has a proven track record of delivering high-quality, innovative developments, including Bishopsgate, The Crossing, LUME, Huntington, 6 Stewart Avenue Commercial Office, the brand-new Little National Hotel, and 42HD cross timber laminate office building. DOMA will continue to work closely with local stakeholders to ensure the project meets the needs and expectations of the Newcastle community.

Construction of The Store Newcastle is slated for completion in Q4 2026.

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